Shopify Shares Surge in Premarket Trading Following Revenue Beat
Shopify Inc., the prominent Canadian e-commerce platform, witnessed a significant surge in its stock price during premarket trading on Wednesday, February 11, 2026. This uptick came after the company released its fourth-quarter financial results, which surpassed analyst expectations for revenue, driven by robust holiday consumer spending.
Financial Performance Highlights
The company reported a substantial 31% increase in revenue, reaching US$3.7 billion for the quarter. This figure exceeded the nearly US$3.6 billion that analysts had anticipated, according to a Bloomberg survey. Additionally, Shopify's gross merchandise volume, a key metric indicating the total value of goods sold through its platform, hit nearly US$124 billion, also outperforming forecasts as consumers maintained strong spending habits.
However, not all financial metrics met expectations. On an adjusted diluted basis, Shopify earned 48 cents per share, falling short of the 51 cents per share that analysts had projected. Despite this, the revenue beat fueled investor optimism, leading to a notable stock price increase.
Stock Market Reaction and Future Outlook
In premarket trading, U.S.-listed shares of Shopify gained as much as 14% before moderating to an 11% rise, trading at US$109.48 as of 7:41 a.m. in New York. The company provided an optimistic forecast for the first quarter, anticipating revenue growth at a "low-thirties percentage rate." Operating expenses as a percentage of revenue are expected to range between 37% and 38%.
Shopify president Harley Finkelstein commented on the results, stating, "2025 was Shopify at full throttle—driving compounding growth, while laying the rails for the new era of AI commerce." The company also announced a US$2 billion share buyback program, set to commence on February 17, 2026, further bolstering shareholder confidence.
Record Sales and Strategic Initiatives
During the critical Black Friday-Cyber Monday weekend, merchants on Shopify's platform achieved record sales of US$14.6 billion, marking a 27% increase from the previous year. This performance underscores the platform's strength in facilitating high-volume e-commerce transactions, particularly during peak shopping periods.
Based in Ottawa, Shopify continues to leverage technological advancements, including artificial intelligence, to enhance its commerce solutions. The company's strategic focus on innovation and market expansion positions it well for sustained growth in the competitive e-commerce landscape.
